Hotelogix (by HMS Infotech), a New Delhi, India-based SAAS (Software as a Service) offering for the small and mid-sized hospitality industry, has raised US$1.2m in funding.
The round was led by Accel Partners, with participation from Blume Ventures, and Mumbai Angels.
The company intends to use the capital to grow globally, mainly in North and South American markets.
Founded in 2008 by Prabhash Bhatnagar and led by CEO Aditya Sanghi, Hotelogix is an end-to-end cloud solution designed to help small and mid-size hotel properties worldwide (Front-desk Operations, Housekeeping, Restaurants etc.) manage their operations in a simplified way.
FinSMEs
11/04/2012